The Cabinet of Ministers of Ukraine has approved a new bill pertaining to the international exchange of information about income earned through digital platforms.

According to the Ministry of Finance, on August 27, 2025, the draft law "On Amendments to the Tax Code of Ukraine for the Implementation of International Information Exchange on Income from Digital Platforms" was adopted.

Information about the income of Ukrainian residents using digital platforms will be sent to the State Tax Service from both platform operators and foreign tax authorities.

Taxpayers whose incomes fall under the new conditions will generally not need to submit separate declarations, as the digital platform operator will serve as the tax agent.

For individual sellers on platforms, a personal income tax rate of up to 5% will apply if a separate bank account for transactions from the platforms is opened.

This rate will also apply if such individuals are not self-employed, do not have hired employees, and their annual income does not exceed 834 minimum wages.

The general personal income tax rate remains 18% for those who do not meet the specified conditions.

If no more than three sales totaling up to 2000 euros are made in a year, the existing current account can be used.

Income from selling goods through platforms, if it does not exceed 12 minimum living standards, is not taxable.

This means that small one-time sales of household items will remain free from tax burdens.

For businesses, these changes mean simpler administration and reduced risks of tax audits.

For the state, this signifies an enhancement in the fight against the shadow economy through increased income transparency.

All proposed changes aim to develop the digital economy and ensure international tax transparency according to European standards.

This will also encourage the exit of user incomes from the shadow and promote transparency in transactions within the digital economy. The adoption of this law is crucial for Ukraine's integration into the global tax information exchange system.

The draft law will now be reviewed by the Verkhovna Rada of Ukraine.

Approval of this legislation is a significant step towards harmonizing tax legislation with European norms.